KAZAKHSTAN RETURNS ANOTHER $2 BILLION IN ILLEGALLY WITHDRAWN ASSETS
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06.12.2024


Astana Times (6 December 2024)

 

The Kazakh Asset Recovery Committee of the Prosecutor General’s Office has concluded over 50 agreements on the voluntary return of assets worth 1 trillion tenge (US$1.9 billion), said its Chair Nurdaulet Suindikov to Kazinform on Dec. 4.

“In addition to assessments, independent expertise, and audits, assets must be ready for transfer. This audit needs to be examined, and any excess earnings should be calculated. In other words, the actual transfer of assets does not happen all at once when the contract is signed; rather, it takes some time,” said Suindikov.

He emphasized that the committee welcomes the voluntary return of assets.

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